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Cybersecurity – How Do You Know That Your Plan is Safe?
Among the many employer duties involved in sponsoring employee benefits is the duty to keep employee data secure from cybercrime. It is common knowledge that
KLB Benefits Law Group Wishes You a Happy Thanksgiving
We wish you a warm holiday spent with friends and family, reminded of the bounty of love and connection that grace each one of us.
Health Flexible Spending Account Contribution Limits Increase in 2024
The IRS announced the 2024 cost of living adjustments that apply to health flexible spending account maximum contributions (as well as other limits): For cafeteria
With Gratitude to Our Veterans
KLB Benefits Law Group thanks our veterans and their families for their service and their sacrifices for our security.
IRS Announces 2024 Retirement Plan Dollar Limits
The IRS issued Notice 2023-75, announcing the 2024 dollar limits adjusted for cost-of-living that will apply to retirement plans. 2024 Cost of Living Adjustments: Elective
After the Start-Up–The Care and Feeding of a ROBS Plan
Recall that a ROBS plan is not just a funding mechanism for a new corporation but also a qualified retirement plan. After the initial funding
Neither a Borrower Nor a Lender Be—Unless It’s an Qualified Participant Loan
Qualified retirement plans must be very careful about lending plan assets. Loans from a plan to a disqualified person is generally a prohibited transaction under
Will Your Employees’ Health Care Premiums Be Affordable in 2024?
If you are a large employer subject to the Affordable Care Act’s employer mandate, then one of the requirements for the coverage that is offered
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DISCLAIMER
This publication is designed to provide general information on pertinent legal topics. The statements made are provided for educational purposes only. They do not constitute legal or financial advice nor do they necessarily reflect the views of KLB Benefits Law Group or any of its attorneys other than the author. This publication is not intended to create an attorney-client relationship between you and KLB Benefits Law Group. Substantive changes in the law subsequent to the date of this publication might affect the analysis or commentary. Similarly, the analysis may differ depending on the jurisdiction or circumstances. If you have specific questions as to the application of the law to your activities, you should seek the advice of your legal counsel.